Link Business vs PEAK Elevator Franchise Comparison

Below is an in-depth analysis and side-by-side comparison of Link Business vs PEAK Elevator including start-up costs and fees, business experience requirements, training & support and financing options.

Start-Up Costs and Fees

 
Link Business Franchise
PEAK Elevator Franchise
Investment $53,200 - $148,500$118,000 - $283,000
Franchise Fee $45,000$35,000
Royalty Fee 6.5%6%
Advertising Fee 2%0.5% Nat'l + 0.5% local
Year Founded 1996-
Year Franchised 2007-
Term Of Agreement -7 years +5+5
Term Of Agreement -7 years +5+5
Renewal Fee --


Business Experience Requirements

 
Link Business Franchise
PEAK Elevator Franchise
Experience --

Financing Options

 
Link Business Franchise
PEAK Elevator Franchise
  In-House/3rd PartyIn-House/3rd Party
Franchise Fees -/Yes-/-
Start-up Costs -/Yes-/-
Equipment -/Yes-/-
Inventory -/Yes-/-
Receivables -/Yes-/-
Payroll -/Yes-/-

Training & Support

 
Link Business Franchise
PEAK Elevator Franchise
Training On-The-Job Training: 40 hours Classroom Training: 16 hours Additional Training: Online broker academyWe will provide one week of training at the PEAK Vertical Transportation Group™ corporate location approximately four weeks before your franchise launch. We will cover general business operations, marketing and selling techniques, and more. PEAK Elevator™ representatives will provide an additional one week of training at your franchise location approximately one week prior to your franchise launch to assist you with on-site support.
Support Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary SoftwareWe will present you with a copy of our confidential operations manual to help you run your business properly on a day-to-day basis, and we will be there to provide remote support, ongoing guidance and answers to questions you may have.
Marketing Marketing Support Ad Templates Social media Website development Email marketing-
Operations Absentee Ownership Allowed Number of Employees Required to Run: 1-

Expansion Plans

 
Link Business Franchise
PEAK Elevator Franchise
US Expansion YesYes
Canada Expansion Yes-
International Expansion Yes-

Company Overviews

About Link Business

Become a LINK Franchisee

We have now expanded into the competitive US market, with our first offices in Los Angeles, St. Louis, San Diego and Phoenix. Now that we have established our presence we plan to expand our office locations and bring our unique brand of industry tailored business brokerage to the rest of the US. We are particular about who we do business with, but if you are an existing business broker or owner of a business brokering company (even if you are currently with another group) and are successful, with impeccable integrity - we would like to hear from you. We can also send you our 24 page brochure "Partner Overview" outlining the many benefits of joining LINK, and what's in it for you.Our marketing is second to none, our broker tools are revolutionary, our software system is powerful and world-leading and our support is real. We work with individual offices to help them grow and prosper, we don't just sign you up and move on. LINK has truly changed the landscape of business brokering, and now its unique system is available in the United States. Don't miss the opportunity, as franchises locations are limited.

Veteran Incentives  10% off franchise fee



About PEAK Elevator

Starting a franchise business is no easy feat. However, with an experienced company like PEAK Elevator™ behind you, you will have the support and backing of experienced individuals who are ready to mentor you in your new venture. You will certainly need investment capital, hard work and solid business sense to see success as a franchisee. PEAK Elevator™ is ready to help you through the steps of starting your own elevator business in the $20 billion elevator installation and service industry.
PEAK Elevator™ answers the call for skilled elevator professionals who are just as well versed in customer service as they are in the technical aspects of the vertical transportation industry. With the backing of PEAK Elevator™’s established brand, elevator and escalator professionals can become their own boss in a promising market.

Founders Randy and Jim McGinnis leveraged their collective expertise in the areas of elevator and escalator installation, maintenance, repair and modernization to develop a refined business model for aspiring entrepreneurs. With customer satisfaction, quality and integrity at its core, PEAK Elevator™’s franchise model serves as a blueprint for those looking to fulfill their dreams of starting an independent elevator repair company. Together, the McGinnis brothers have pioneered a shift in the industry and are honored to share their expertise in this comprehensive franchise offering.
 
The estimated initial total investment for a PEAK Elevator™ franchise ranges from $118,000 to $283,000 for a new franchise and $100,500 to $274,250 for a conversion franchise. This investment amount includes an initial franchise fee of $35,000 for new franchises or $17,500 to $26,250 for a conversion franchise.